BANKNIFTY day chart study. Based on the observation 25000 level is going to be very important in coming days. Failing to hold 25000 could result in a sharp correction.
BANKNIFTY channel study Use this chart in addition to your own analysis.
Buy BANKNIFTY above 25910 T1: 26200 T2: 26350 T3: 26500 SL: 25740
Buy BANKNIFTY above 25780 T1: 25900 T2: 26000 T3: 26150 SL: 25690
will keep on updating as the month will not be easy , and there are great chances of making people surprise .!!
Inside Bar candle formed in Banknifty and will fall from the low of the previous candle. Bear will takeover from 25600 to 25350 / 25190 and possible to reach 25050. "Happy Trading"
key levels of nifty bank given in charts trade with levels ...
it cant remain on the upside and should stay in a range of 1000 -1030
Short BANKNIFTY below 25665 T1: 25500 T2: 25400 T3: 25230 SL: 25820
Possibilities are there to move upside once it trigger the entry level/Resistance level. Levels are mentioned on chart.
Dear all, Does this qualify as a double top which has formed on the daily chart of bank nifty. Does that mean that the rally has come to an end in Banknifty?
Buy BANKNIFTY above 25050 T1: 25090 T2: 25110 SL: 25020
BankNifty target of 25200 will be achieved in a day or two, followed by consolidation before further upmove. Book some profit around 25200.
Bank Nifty chart also seems like Nifty chart. So, expecting the movement will be on same direction. Don't enter into trade without having any breakout because the trend is neutral. Note: Trend - Neutral Long - above 24400 Short - below 24050
Symmetric Triangle on Bank Nifty Trade: Long Entry - above 24499 and Target - 24959 / Stop loss - 24153 Short Entry - below 24153 and Target - 23738 / Stop loss - 24499
Banknifty break from consolidation could happen in a day or two. A break could lead bank nifty to 26000+ levels in the new up-leg
We will see BANKNIFTY above 26200 at the end of this year! So, take your seats, the flight is getting ready to take off after refueling!
Conservative & Aggressive traders, Conservative traders will wait for pullback even after the breakout, so I guess its what happening in Banknifty. So, a pullback and upside move to complete ABCD pattern ? We will see what happens in Banknifty...